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Post by christine007 on Mar 15, 2018 1:54:47 GMT
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Post by jyoyokooll on Mar 15, 2018 4:14:14 GMT
It sounds True to me and quite a few other people....
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bid1
Junior Member
I feel more like I do now, than I did when I first got here.
Posts: 67
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Post by bid1 on Mar 15, 2018 4:55:11 GMT
I am so ignorant of all this xnk stuff.
But I sure remember the yellow header
in Listia, and yeah, that $0.14 value
thing, not sure about trading and value.
And then there's kind of a log of what
natahoa, Mike and other Listians have
said in here. natahoa was really into it
from the start, and me, I didn't know what
to think. Is this like what, finance, or
economics, or what? I'm lost, pretty much.
I'm here to find help understanding all this.
So far, wow, 15 people in what, 2 days,
I've learned a lot. Thank you.
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natahoa
Junior Member
Long time LIstia user. Ink investor.
Posts: 73
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Post by natahoa on Mar 15, 2018 15:43:07 GMT
Here is the reply comment I posted on that uTube video ...
* * *
You are BANG ON and thank you for being so articulate!
Keep in mind that Listia IS Ink, and Ink is Listia. They are same same management/owner/developer owners and "team."
I have been on Listia for more than eight years. I fully planned to continue to participate after the Ink conversion because I DO believe Ink Protocol has a lot of promise. However, Listia has managed the site so poorly that it no longer makes sense to either sell on LIstia, or to use your hard-earned Ink to buy anything.
What is happening now is that people are buying Ink on Idex and going to Listia and immediately buying anything of value. Until two days ago Listia was offering it's "rewards store" items based on t he 14-cent valuation and they disappeared almost immediately. So on Tuesday, Listia raised the prices of it's Rewards Store items. Effectively devaluating Ink on LIstia. This hasn't helped the value of Ink on Idex. In my opinion they should just STOP selling Rewards Store items and force those people bringing 5-cent Ink to Listia to buy stuff from "normal" seller users.
So now no one can sell anything on Listia unless they are willing to risk getting only five cents per Ink. And, if it is a physical item you still have to pay to ship it.
This is nothing new. Listia has mismanaged the site for a very long time, as you pointed out in your message. So many bad decisions in just a short time have are driving everyone who WANTED to stay on Listia off. Me included. I actually had Listia shut down the last of my auctions (which had bids) because I don't want to remain involved for another few weeks.
The BEST thing that could happen is for Listia to SELL it to an organization that has some interest in managing Listia as a business. It's clear Listia will never do that. BEST of luck to the Listia/Ink team with Ink ... but you guys are NOT good at running Listia. Time to let it go.
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Post by dan on Mar 15, 2018 18:15:10 GMT
I wonder if Listia saw this video , after that video post it was the very next day Listia removed the market rate .14 on there web page.
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Post by Cornelia on Mar 15, 2018 20:23:13 GMT
I'm very upset what listia did specially by misleading the INK prize and the whole darn system
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Post by cbrownfield on Mar 16, 2018 9:30:39 GMT
Excellent video (Thank you Christine007!) and kudos to Natahoa for the superb response!! Well done!
In less than a week my auctions will end and I'll be leaving. I pulled half a dozen auctions this morning.
I'm sure everyone is aware Listia already has an F rating with the BBB & I think we all ought to add to it.
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Post by Lee on Mar 21, 2018 13:56:07 GMT
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